Surprise $1 Million Grant Awarded to the National Council of Negro Women

Grant Honors Ingrid
Saunders Jones’ 31 Years of Service to The Coca-Cola Company and
the Community

ATLANTA,
May 2, 2013 -- The Coca-Cola Foundation announced a $1
million multi-year award to the National Council of Negro Women (NCNW) to
support its operating infrastructure and NCNW’s Economic and Entrepreneurial
Development Center, which provides technical assistance and business
development assistance to more than 4,000 women annually.

Muhtar Kent, Chairman and
Chief Executive Officer, The Coca-Cola Company, made the surprise announcement
at the retirement celebration of Ingrid Saunders Jones, Chair of The Coca-Cola
Foundation and Senior Vice President, Global Community Connections for The
Coca-Cola Company. Jones will retire May
31, 2013, after 31 years of dedicated service. Last year, Jones was elected
Chair of the National Council of Negro Women.

“Ingrid has always had a passion for serving others, lifting them up, and
making a positive difference,” said Kent. “At the same time, Ingrid has a
special affection and passion for helping women, economically disadvantaged
individuals, and people from an African-American background.

“We could think of no better way
to honor her Coca-Cola career and her legacy of service to others than by continuing
our support of the National Council of Negro Women through a $1 million
donation.”

NCNW was founded by Mary McLeod Bethune in 1935 as an umbrella organization
to lead, develop, and advocate for women of African descent through research,
advocacy, and national and community-based services and programs dedicated to
health, education, and economic empowerment. Under the leadership of Dorothy I.
Height, who led NCNW for more than four decades, NCNW grew to reach nearly four
million women annually.

Empowering women to thrive in business is a global commitment for The
Coca-Cola Company, which in 2010 announced its 5by20 initiative to empower 5
million women entrepreneurs by the year 2020. The Company also developed the
Global Women’s Initiative, an internal/external program, led by Kent to advance
women to leadership positions within the company and throughout its external
value chain.

About The Coca-Cola FoundationSince its inception, The Coca-Cola Foundation has awarded
more than $500 million to support global sustainable community initiatives,
including water stewardship, community recycling, active healthy living, and
education. For more information about The Coca-Cola Foundation, please go to www.thecoca-colacompany.com/citizenship/foundation_coke.html

About The Coca-Cola CompanyThe Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, the world's most valuable brand, our Company's portfolio features 16 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of more than 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system associates. For more information, visit Coca-Cola Journey at www.coca-colacompany.com, follow us on Twitter at twitter.com/CocaColaCo or visit our blog, Coca-Cola Unbottled, at www.coca-colablog.com.